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Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion - Business (6) - Nairaland

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Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Judolisco(m): 1:50pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
any money u work for with your hands not defrauding anyone is good... Na from somewhere person dey start

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Xclusivedaniel6(m): 1:50pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
If you're single and you no get longer throat, it's enough
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Enddy50ty(m): 1:51pm On Oct 03, 2021
We live in a country where Naira is the official currency but we have a Dollarizes economy.
Some companies pay their workers in dollars and even some insists on doing business with dollars being the only accepted currency,

90% of the shipping companies in apapa today only accept dollars as cost of shipping, some schools in Lagos Nigeria here insists school fees must be paid in dollars.
Even senators, and government officials get paid in dollars. This is why Naira will remain weak against the dollar.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by FreeStuffsNG: 1:56pm On Oct 03, 2021
Not surprised. $6 billion was given to banks by Prof Soludo during his tenure as CBN governor and those banks are yet to refund the loan, till date, those banks argued that it was a gift and not a loan. CBN should take back our $6 billion.
The amount in CBN vault is way more than $16 billion
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by abiodunjonah: 2:04pm On Oct 03, 2021
The. Dollar dey fall now
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by newoffer: 2:05pm On Oct 03, 2021
Go and learn how to lay tiles. And wall paper and save your future some embarrassment
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Kaiser20: 2:07pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
Of course for minors like you you have to start somewhere, but remember just for a season then you upgrade when you become adult with responsibilities.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by PENISgod: 2:08pm On Oct 03, 2021
Kaiser20:

Of course for minors like you you have to start somewhere, but remember just for a season then you upgrade when you become adult with responsibilities.
bro I'm not a minor...I'm 20 years old man..
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Dreadshy: 2:10pm On Oct 03, 2021
The next thing that will happen be say them go just pay you official rate inside your local bank and take your dollars
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by ofiko123(m): 2:11pm On Oct 03, 2021
May God help and save this country called Nigeria..
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Kaiser20: 2:14pm On Oct 03, 2021
PENISgod:
bro I'm not a minor...I'm 20 years old man..
Sorry bros, my apologies. Like I said not starting from somewhere is bad.

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by wallarwallar(m): 2:16pm On Oct 03, 2021
What is your point? Ur comment is senseless wit no point or advice to whoever in charge dat might come across dis topic. Guess obanikoro Bleep one of ur family mercilessly hence dis hate.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Ibkhaleel01: 2:17pm On Oct 03, 2021
[s]
Natajo2021:
The parasitic government of Hausa-Fulani led by Wicked general Buhari, always look to reap where they never sew.
Same way they passed a dubious bill to convert and claim all unclaimed dividends that belong to the Southerners.
I look through the list of available unclaimed dividends, I could not see 1% of Hausa-Fulani on the list.
This mean, 99% of unclaimed dividends belong to the Yorubas and ibos.
The worse thing is that the Wicked general is planning to cease the money and use it to develop the desert and non-productive conquered Northern Nigeria area and Niger republic.
Useless government. Always borrowing.
Parasitic and non-ambitious Hausa-Fulani that cannot survive without the sweat, labour and resources of the South.
Very manipulative people.
Specialist in divide , conquer and ruin.
[/s] You are very wrong in your assertions!

This only goes to tell us how dumbfounded and brainwashed you are!

Lets look at things with facts and figures and you will be ashamed and disgrace...on will see how parasitic you are...


LET US VOMIT OUT THE SOUTHERN HOOK, LINE AND SINKER


Northern Nigeria has more graduates and Professors than South Africa. The real problem is not as Southerners paint it and you echo it like empty halls. 


Practically, millions of Northerners are either unemployed, misemployed, or underemployed. Our problem is our chances are blocked and our resources dominated by Southerners who paint the wrong picture for fools to believe them.


75% of  government spending is connered by Southerners via the domination of salary earning, contracts, projects, bail outs and other interventions. Trade and industries are dominated by Southerners who have easy access to multi billion credit facilities courtesy their domination of state financial structure and instruments and institutions. 


Every ministry is dominated by them. All our markets are monopolized by them due to their control of capital that enable them to finance business and take more risk due to ease of acces to money. They conrol their markets by regular disruptuons of our businesses officially and by direct frequent violence unofficially. Their control of and easy access to liquidity enable them to be more enerprising business wise. They buy our goods cheap and sell theirs exorbitantly.


To preserve the exploitative status quo they spread false verson of the reality. They centralize oil as the main source of wealth so that our attention will be far away from other sources of wealth they dominate.

Oil is less than 10% of  Nigeria's GDP. They tell us we are the parasite and we are lazy and we are uneducated to instil a sense of guilt, self hate and inadequacy in us. We swallow all these falsehood uncritcally because we made our source of daily information their media and books. They over concentrate on our weaknesses and ignore almost completely their own weaknesses. An average Southerner having mild cold will almost by default blame it on Northerners and will not lack northerners who "speak the truth" to agree with him.


How can uneducated people have multitude of unemployed graduates? How can lazy people be producig the food of the nation? Why do millions of Southerners troop to the poor parasitic North and refuse leave? The south said so and it is?


What we need is a  political economic solution. We must take control of our local markets, our institutions and our businesses in their land must be given due attention and protection and any act of disruption by way of constant destruction must be paid back in due measure without listening to their victimship outcries. They fear separation more than us because their weak economic foundation, especially the west entirely dependent on controlling  government resources.


We must ask and take our fair share of every government employment at whatever cost. No people has ever prospered when their resources, oppurtunities and chances are blocked and dominated by others.  Our constant preachment of peace must stop: justice and and equity must be our new slagon. 


The real problem is believing in the propaganda of the enemies which saps our resourcefulness and infuse our senses with feelings of backwardness that really do not exist, or are caused by false perception. The greatest defeat one can suffer is to see oneself as projected by one's enemies. 


Almajiri is system suffocated by lack of finance. Poverty is a direct result of economic domination and exclusion. Degrees are not unavailable. Marrying four wives will not stop as it is never a problem but a great social system. Once we assert control on what is rightly ours, that self concious timidity will evaporate and be replaced by confidence and bold enterprise. Up to the Seventies we were the richest people in Africa. As the central government grows and  takes control of resources our wealth progressively dwindles. As the southerners intensify drums of hate and aggression we draw back to give peace, that is never forthcoming, a chance.


Try asking for propotionate representation in all government employment in all institutions and at all levels, they will cry out about mediocrity supplanting merit as if those half literates southerners dominating the place are Einstein incanates. Or they will blackmail you with Islamization.


Try treating their traders in our markets as they treat ours and they will cry xenophobia as if the regular denial of market space, heavy taxation, constant disruption of business and officially sanctioned harrassment of our traders in their land does not exist.


Try replacing Southern union leaders and foreign sponsored NGOs operating in the North with our own people and they will start wailing about marginalization.


Well, their era of dominance and false propaganda is coming to an end with the coming of age of young northerners who could no longer accept marginalization because of blackmail or threat. These new bold Northern youth have seen how southerners cowered when asked to leave the North two years ago. Their cries for secession are empty ruse. 


We will be better off without them and they will definitely be worse off without us. They know we lack nothing, while their millions selling substandard, fake good, drugs and inrdinately high interest bank loans fleecing the north and feeding on cheap food and services will have nothing on returning back home. Their franchise firms and industries will lose over 100 million costumers overnight which is more than their home market demand. 


The North is the single largest supplier of raw materials in all Nigerian industries, from food through agriculture and cloths to shelter through cements and other building materials available in the Northern rocks, including iron ores and ceramics.
The North have Gold, Diamond, Tin, copper, gypsum, coal, magnesium, etc and even uranium all over the area.

A liter of groundnut/cotton oil is more expensive than a liter of oil, and it has long industrial chain value , from pharmaceuticals, detergents etc.

The cows that some few people condemn is over 20M in number in Nigeria, when properly harnessed and utilize, if a quarter of this number can produce a liter of milk a day, it means the North will have 5M liters of milk per day, each liter is N350, much more that a liter of fuel.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by porthouse7(f): 2:18pm On Oct 03, 2021
Dis govt got bad plan for our Dom acc, make I go withdraw my money
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Pacesetter123(m): 2:21pm On Oct 03, 2021
NairaMaster1:


It's very Ok, but we are talking about 16B dollars here.
grin grin grin grin
I am still wondering why he is bringing up this question at this point in time.
Orr, does he wants to convert the 25k naira into dollars to open a domiciliary account with it?

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Calitoscassius(m): 2:21pm On Oct 03, 2021
tnerro1:
Leave people’s money alone, go and make good policies that will help the Naira.
Absolutely! Clueless government.

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by CSNg: 2:22pm On Oct 03, 2021
This one CBN is eyeing Domiciliary accounts!

Thank God the online job I do pays me via Payoneer. I will kuku leave the money there and not transfer to my domiciliary account until further notice.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by zicoraads: 2:23pm On Oct 03, 2021
I don't like when something as sensitive as this is constantly being speculated upon. This is wrong. Smh.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Calitoscassius(m): 2:23pm On Oct 03, 2021
Even if it is true, after converting people's money nigeria will still be in debt, the naira will still be rubbish!.


Leave people's money alone!!
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by EndBuhariNow(m): 2:26pm On Oct 03, 2021
The question is that... Will $16 billion that belong to ordinary citizens do buhari and his charlatans The money they have been borrowing from China no pass this one.. maybe after looting people money nah to borrow used naira in various accounts
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Calitoscassius(m): 2:26pm On Oct 03, 2021
zicoraads:
I don't like when something as sensitive as this is constantly being speculated upon. This is wrong. Smh.
Totally wrong! And now they are thinking of it they might push it through through the back door. This is unlawful only a clueless government would speculate on this criminal policy.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by porthouse7(f): 2:27pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single 20 year old living with his parents?
25k in dis economy, did u have a girlfriend? do u transport to ur job?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Agugbadin: 2:31pm On Oct 03, 2021
Failed government, this government has failed woefully. He was the same president in 2016 when we experienced similar financial issues. How did we get here fellow Nigerians. Let us shine our eyes 2023 is very near, let's us not make this kind of mistake again because he has plunged us into a bottomless pit. Vote for the right candidate do not vote on party line, religious, ethnic line but the right candidate that can deliver us from the bottomless pit.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by hopexter(m): 2:32pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single 20 year old living with his parents?

Deduct your monthly transport fare from the 25k and see if the rest would be enough for water and lunch for two weeks grin grin
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by HolyTrader: 2:32pm On Oct 03, 2021
Revolva:
Imagine GTBANK sending me a message dat my dorm acc is not getting much inflow that they will soon render it dormant ...Imagine an ACC with 100usd saved there

Na Dem sabi Tommorrow I de go bank go Weller Dem ..abi Dem want me to de buy dollar de save inside


This is why it is not good for your Dorm Account to be your Primary Account. If you had opened, say, a Savings or Current Account before opening your Dorm Account, then the Savings/Current Account will be your Primary Account; and as long as this is active (having at least a transaction within a 6-month period), the Dorm will automatically remain active.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Agugbadin: 2:34pm On Oct 03, 2021
zicoraads:
I don't like when something as sensitive as this is constantly being speculated upon. This is wrong. Smh.
We have president and government Maggic and wonder that Fela talked about when the legend was alive
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by hopexter(m): 2:37pm On Oct 03, 2021
Franzinni:
get the work experience and make a ton of connections while you work ... You are off to a good start.

Make he dey trek go the work? Abi he no go buy lunch?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Labadi69: 2:57pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single 20 year old living with his parents?

Yes. It’s a very good salary. You are indeed a very rich man. Yamayama go soon fall on you angry angry angry
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Killermamba: 2:58pm On Oct 03, 2021
DoggoneDogg:
By Nairametrics Analysts


Source: Nairametrics

$16 billion plus my $20
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by biggie73(m): 3:01pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single 20 year old living with his parents?
....don't reject a small beginning.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by NairaMaster1(m): 3:03pm On Oct 03, 2021
Pacesetter123:
grin grin grin grin
I am still wondering why he is bringing up this question at this point in time.
Orr, does he wants to convert the 25k naira into dollars to open a domiciliary account with it?

I taya for that girl ooo.

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